Financial reports

Annual Accounts

Every year the accounts for Salix Homes and the organisations within the Salix Homes Group are externally audited. These accounts are presented to the Board and approved at the Annual General Meeting (AGM) – after which they are submitted to the Regulator of Social Housing and the FCA.

The annual accounts and Financial Statements for the last and previous financial years are available to download and review.

As well as setting out the accounts, the Financial Statements provide an overview of key aspects of Salix Homes. Ranging from details of the Board, through to governance arrangements, how we manage risk and Value for Money metrics – the Statement contains a lot of information about Salix Homes.

We appreciate that the accounts might look daunting – so if you’d like support to understand what the numbers are saying, please get in touch.

Value for Money (VFM)

Over 80% of our income comes from the rent we receive from our homes and housing service. As a financially sound and transparent business, we publish our annual accounts to show how we manage our income and expenditure.

Every decision Salix Homes makes ensures it is meeting at least one of the following outcomes:

• making sure we provide high quality services
• investing in our assets
• improving the quality of life of our customers
• making efficiencies when appropriate